ERIE Erie Indemnity PE ratio, current and historical analysis
As at Dec 20, 2024, the ERIE stock has a PE ratio of 34.71. This is based on the current EPS of $12 and the stock price of $416.48 per share. A decrease of 8% has been seen in the P/E ratio compared to the average of 37.6 of the last 4 quarters.
ERIE PE ratio history
The mean historical PE ratio of Erie Indemnity over the last ten years is 29.16. The current 34.71 PE ratio is 19% above the historical average. Over the past ten years, ERIE's PE ratio was at its highest in the Sep 2024 quarter at 44.99, with a price of $539.82 and an EPS of $12. The Dec 2018 quarter recorded the bottom point at 21.54, with a price of $133.31 and an EPS of $6.19.
Erie Indemnity PE ratio by year
Maximum annual increase: 59.69% in 2020
Maximum annual decrease: -25.21% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 34.96 | -9.9% |
| 2022 | 38.8 | 28.9% |
| 2021 | 30.1 | -22.78% |
| 2020 | 38.98 | 59.69% |
| 2019 | 24.41 | 13.32% |
| 2018 | 21.54 | -25.21% |
| 2017 | 28.8 | 15.76% |
| 2016 | 24.88 | -2.43% |
| 2015 | 25.5 | 0.87% |
| 2014 | 25.28 | 19.64% |
ERIE average PE ratio chart
ERIE's current P/E ratio is above the 3, 5 and 10-year historical averages.
ERIE PE vs peers
Compared to its peer stocks ACGL and AFG, ERIE's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ACGL Arch Capital Group Ltd | 5.95 | $34.23B |
| AFG American Financial Group Inc | 12.84 | $11.5B |
| GNW Genworth Financial Inc | 30.57 | $3B |
| ERIE Erie Indemnity Co | 34.71 | $19.24B |
Frequently asked questions
What is Erie Indemnity's PE ratio?
ERIE's price to earnings ratio is 34.71 as of Dec 20, 2024.
What is the 3-year average PE ratio for Erie Indemnity (ERIE)?
The average PE ratio for ERIE stock over the past 3 years is 34.13.
What is the 5-year average PE ratio for Erie Indemnity (ERIE)?
The average PE ratio for ERIE stock over the past 5 years is 32.5.
What is the highest PE ratio for ERIE?
In the last ten years, the Sep 2024 quarter recorded the highest quarterly PE ratio at 44.99.
How does the current PE ratio for ERIE compare to its historical average?
ERIE's current price to earnings ratio is 19% above its 10-year historical average.
How is ERIE's PE ratio calculated (Erie Indemnity PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Dec 20, 2024), Erie Indemnity's stock price is $416.48. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $12. Therefore, Erie Indemnity's P/E ratio for today is 34.71. PE RATIO(34.71) = STOCK PRICE($416.48) / TTM EPS($12)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.